4360 Spenard Road
4360 Spenard Road Anchorage, Alaska 99517 United States

$6,200,000
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REDEVELOPMENT OPPORTUNITY!! 60 unit Multifamily and 42 room hotel for sale in a package deal! The front building was built in 1984 as a drive-in hotel for commercial airlines pilots while the back building was built in 1969 as an apartment...
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Jack White Real Estate

Listing Courtesy of Jack White Real Estate
$6,200,000
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1 Acres
Exterior
Commercial
Property type
1969
Year Built
23-1839
Web Id
23-1839
MLS ID
Anchorage
School District
56
days ago

About 4360 Spenard Road

REDEVELOPMENT OPPORTUNITY!! 60 unit Multifamily and 42 room hotel for sale in a package deal! The front building was built in 1984 as a drive-in hotel for commercial airlines pilots while the back building was built in 1969 as an apartment community for oil workers. This asset has great income year round. The front building suffered a fire in 2022 while the back building still operates as STRs. The main building suffered from a fire in 2022 and 17 of the 42 rooms were burn down. The remaining 25 rooms have smoke damage to be cleaned. This is a great opportunity for an investor to redevelop the 42 room hotel and continue operations of the apartment building as long term rentals.

Listing Courtesy of Jack White Real Estate, ALASKA MLS

03/01/20 00:32:41

PROPERTY INFORMATION

Heating
Baseboard, Natural Gas, Unknown
View
City Lights, Lake, Mountains
Water
Public

EXTERIOR

Construction
Unknown
Roofing
Shingle, Rolled/Hot Mop

INTERIOR

Flooring
Unknown - BTV, Carpet
Listing Courtesy of Jack White Real Estate
Somers Sotheby’s International Realty is your destination for luxury real estate listings. This property for Sale at 4360 Spenard Road, Anchorage, Alaska 99517 United States is a Commercial with bedrooms, full baths, and partial baths. It is located in , Anchorage, Alaska, and is in the 99517 zip/post code area. This home of was built in 1969 and is on a 1 Acres lot. Somers Sotheby’s International Realty also has property listings in cities near Anchorage, including Anchorage. If you would like more information about this home for Sale at 4360 Spenard Road, Anchorage, Alaska 99517 United States or would like to schedule a showing, contact the agent listed above for more information. You may also sign in, create an account, and save this listing for later reference by using icons at the top of this page.
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Jack White Real Estate

Listing Courtesy of Jack White Real Estate

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